China – Provision Forbearance Not a Panacea
Lowering required provisions for China’s banks is not a panacea for credit growth. It is more likely that credit risks remain too high for most...
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Large Banks Benefit from CBRC’s Relaxation in Provision Requirement
We believe the recent announcement by China’s banking regulator CBRC to lower loan-loss provisions for qualified banks is positive for near-term...
107 Views
China Banks – Can You Say Capital Forbearance?
* Questionable Reduction in Reserve Coverage: Just as the wheels are about to fall off the bus, the China Bank Regulatory Commission (CBRC) - in...
112 Views
China Financials – The Accident About to Happen
* Risk Increasing Within Tier 2 Banks: The 2nd tier banks is looking increasingly vulnerable. Tighter asset management regulations are being...
131 Views
Increasing FVE for ICBC to Reflect Increased NIM Assumptions and CNY Appreciation
We raise our fair value estimate for Industrial and Commercial Bank of China (H) (1398 HK) to CNY 6.5 per share from CNY 5.9 for its A-shares, and...
139 Views